HPN Comments on the Notice of Proposed Rulemaking Covering Membership in the Federal Home Loan Bank System (RIN 2590-AA39)

Jan 12, 2015

Summary

The Housing Partnership Network (HPN) appreciates this opportunity to providecomments on the Notice of Proposed Rulemaking covering membership in the FederalHome Loan Bank system (RIN 2590-AA39) published in the Federal Register on September12, 2014. We have serious concerns about the potential adverse effects of the rule on thehousing and community development sector. We urge the Federal Housing FinanceAgency (FHFA) to reconsider the rule.